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 Luno Malaysia, Your experience, reviews, thoughts

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AAmirAA
post Jan 19 2021, 11:51 AM

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Hi @Mrluno, just wanna ask why the exchange for BTC is different from other ALT Coins.

for example, BTC ATH was 41,900 USD but in LUNO the exchange price is around 178k MYR where it should be around 169K. May i know the reason why?

For ETH, Ripple and LTC i can see theres not much of different with direct exchange.
TheLegend27
post Jan 19 2021, 02:06 PM

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QUOTE(AAmirAA @ Jan 19 2021, 11:51 AM)
Hi @Mrluno, just wanna ask why the exchange for BTC is different from other ALT Coins.

for example, BTC ATH was 41,900 USD but in LUNO the exchange price is around 178k MYR where it should be around 169K. May i know the reason why?

For ETH, Ripple and LTC i can see theres not much of different with direct exchange.
*
malaysia have more buyer than seller. high demand.
heLL_bOy
post Jan 19 2021, 02:29 PM

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From: HEAVEN & HELL


Hi everyone,

i just registered Luno last week.. till now almost 1 weeks there are no reply from Luno regarding my registration approval.

How do i contact them directly on this matter?
Zenph
post Jan 19 2021, 05:47 PM

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LUNO might miss out customer if dont implement interest wallet on the crypto u hold. Nowadays plenty of other wallet have inetrest just by holding btc.
!@#$%^
post Jan 19 2021, 06:02 PM

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From: KL
QUOTE(heLL_bOy @ Jan 19 2021, 02:29 PM)
Hi everyone,

i just registered Luno last week.. till now almost 1 weeks there are no reply from Luno regarding my registration approval.

How do i contact them directly on this matter?
*
so common
skitch
post Jan 20 2021, 01:08 AM

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How to enable currency pair on Luno?

For example between XRP and LTC
sentinal3_16
post Jan 20 2021, 09:37 AM

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From: Klang
LUNO
Deposit RM0.70
Buy take commission 2%
Sell take commission 2%
Total 4% + RM0.70

Is there any other application which takes lesser commission?
edex
post Jan 20 2021, 09:43 AM

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QUOTE(sentinal3_16 @ Jan 20 2021, 09:37 AM)
LUNO
Deposit RM0.70
Buy take commission 2%
Sell take commission 2%
Total 4% + RM0.70

Is there any other application which takes lesser commission?
*
use exchange to trade. fee from 0.25% - 0.50%

https://www.luno.com/en/countries/MY
nzard
post Jan 20 2021, 11:03 AM

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I just started using Luno about a week ago, really new to the Crypto scene too.

How do I actually buy 0.08 ETH and get the actual amount without getting the transaction fee deduction? It's been bothering me, wished I could pay the fee with MYR instead.
honsiong
post Jan 20 2021, 12:58 PM

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QUOTE(nzard @ Jan 20 2021, 11:03 AM)
I just started using Luno about a week ago, really new to the Crypto scene too.

How do I actually buy 0.08 ETH and get the actual amount without getting the transaction fee deduction? It's been bothering me, wished I could pay the fee with MYR instead.
*
Luno charge you 0.25% when you buy ETH with MYR.

Luno does not charge you, it's the Ethereum network charging you the withdrawal fee. Check ethgasstation.info for when its cheaper to withdraw, generally do it when the price isn't too volatile.
nzard
post Jan 20 2021, 01:20 PM

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QUOTE(honsiong @ Jan 20 2021, 12:58 PM)
Luno charge you 0.25% when you buy ETH with MYR.

Luno does not charge you, it's the Ethereum network charging you the withdrawal fee. Check ethgasstation.info for when its cheaper to withdraw, generally do it when the price isn't too volatile.
*
Somehow I never thought about that until now, thanks for explaining it to me.
Savor_Savvy
post Jan 20 2021, 10:54 PM

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I have tried price alert on mobile app, ios but it is not working. Anybody facing the same problem?
881118
post Jan 21 2021, 06:37 AM

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user posted image

mrluno

wen moon sir?
oledi 2021
881118
post Jan 21 2021, 06:39 AM

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QUOTE(mrluno @ Oct 20 2020, 09:22 AM)
Hi 881118 and Zenph.

We're trying our best. Receiving some pushback from the SC. Will be sure to update once we get it approved.

Thanks!
*
halo, 3 months liao
where mai interest?



This post has been edited by 881118: Jan 21 2021, 06:41 AM
plurbuddyskuppy
post Jan 21 2021, 08:33 AM

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QUOTE(Savor_Savvy @ Jan 20 2021, 10:54 PM)
I have tried price alert on mobile app, ios but it is not working. Anybody facing the same problem?
*
mine is working. no problem at all.
Savor_Savvy
post Jan 21 2021, 09:10 AM

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QUOTE(TheLegend27 @ Jan 19 2021, 02:06 PM)
malaysia have more buyer than seller. high demand.
*
Yes, but when it is on idle mode, it tends to creep up or down, very slowly.
KChan
post Jan 21 2021, 10:01 PM

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mrluno, just a quick question. Is there a way to remove the cash withdrawal limits? I checked Luno website, that Level 3 verification has a limit of RM 300k per month. But other countries doesn't have limits.
SUSxander83
post Jan 21 2021, 10:32 PM

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QUOTE(!@#$%^ @ Jan 19 2021, 06:02 PM)
so common
*
Too many new accounts until they can’t handle rclxms.gif
Spawnster
post Jan 22 2021, 07:45 AM

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Anyone have problem with pending orders on exchange? My target price met already but still no buy order went through. And when try to cancel the buy order it keep saying "cannot stop unknown or non-pending orders".

Strangely I can still withdraw the full amount to my bank. Hopefully the withdrawal goes through.

xXwasabiXx
post Jan 22 2021, 03:00 PM

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what is the min age requirement to open Luno Account ?

This post has been edited by xXwasabiXx: Jan 22 2021, 03:00 PM

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